I am wondering why are NFT tokens so hot right now?
The gains in the last week are pretty significant.
I cant imagine everyone running to play some NFT supported video game or really wanting to spend alot of money on buying digital art etc.
So is this insane rally based on Hype and FOMO?
Do you predict the price rally will cool off and retrace soon?
I believe that NFT is a new trend comparable to ICO, IEO and DeFi. We can also say that NFT is a new level of crypto development, which already now makes it possible to tokenize both goods and services. There is a chance that NFTs will be the catalyst for the rapid adoption of crypto around the world. I believe that now is the time to join this trend, as in the future NFTs will only gain momentum, which means we can make good money on this. |
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I have no intention of riling up anyone, but as a learning trader it is good that we discuss facts with one another. The first truth is that there is no spare money anywhere in the world; every money are valuable. To improve your trading psychology, you must practice your trade strategies on a live trade; even if you start out with 10$; you need to feel the heat, be under pressure.
Trading is for individuals who can afford to lose money, so if you cannot afford to loose money; please do not trade. In trading we are here to multiply money and not create it; live trading helps you compound losses or multiply money; while demo trading creates money for you.
No risk, no reward; start practicing your trading strategy on a live trade; even if it is 1$; feel the heat and develop instinctively.
I completely agree with you. I remember how 10 years ago I decided to try my hand at Forex trading for the first time. I was offered training and trading on a demo account, but I decided not to waste time and went to trade immediately on a real account for real money. My contribution was $ 1 and was able to increase it 10 times in some time, that is, to earn $ 10. Since I just tried my hand at forex, my task was just to try and then I stopped trading, as it took too long. But I am glad that I got experience on a real account and very quickly understood what and how it works. |
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He is Steve Jobs Satoshi's last post was posted on Dec 2010 Steve Jobs passed away on 2011
The whole idea of Bitcoin is by Steve Jobs
all the Coding was done by Steve Wozniak
Sorry Guys May be I am Crazy.... He He .....
Now there are many people who either know who Satoshi is or those who generally think of themselves as Satoshi, but the main thing is that the truth may be completely different. Moreover, in order to assert something, 100% proof is needed, and to write just like that, they say, I know, everyone can do it. Probably for a long time we will not find out who Satoshi is in reality and whether he was in general. Perhaps this is a group of people who called themselves Satoshi, but real people who belong to Satoshi are unlikely to advertise themselves now and why do they need someone to know about them or about him? I think it's better for Satoshi himself when no one knows who he really is. |
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If you look thoroughly, then BITCOIN is just money, but like money, can it improve the world around, and humanity as a whole !?
I don’t think “good” and “BITCOIN” are the same thing, most likely the opposite.
Because of money, a person becomes weaker, he does not need to do something, to develop, because money will do it for him.
It depends on which side to look at the issue related to money and Bitcoin. As for Bitcoin, I don't think it is money, but rather a new asset. As for money, for example for those people who have always lacked money, money just helps them to improve their lives. And for those who already have a lot of money, yes, it probably spoils them even more. It is worth recognizing that now the influence of money on the world is very great and Bitcoin, if viewed from the point of view of money or an asset, is, first of all, an excellent opportunity for ordinary people to get more money and become better off as possible now. |
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Hey,
Just wondering what people think about the current price of Ethereum and Bitcoin? I wanted to buy some more of each but obviously the price is quite high - record highs in fact! Are we expecting for another dip i.e a better time to invest or will it keep rising?
I know this is a question of speculation but if anyone has views/opinions/research I would love to hear your thoughts.
Many thanks
I believe that Ethereum and Bitcoin will grow throughout 2021, since 2021 is the last year in the next cycle of the crypto market development. The history shows that in the last year of each cycle, the price of many cryptocurrencies reached new peaks. Of course, there will be small corrections in the growth process, but as a result, we should see the maximum price for Ethereum and Bitcoin this year. |
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I have gone a small research and grab some points and conclusions.
Now the market is extremely volatile and extra hype. So what ever the hypes now are temporary , bear market sure will come in next days.
If you have fresh investments , do not invest now. wait for 2-4 weeks lets see. November to now almost 4 months came bull market without major bear signals. now pop out some signals. So now bulls are temporary. Please keep your hard earned money for weeks.
give opinion others.
As far as I know, if you want to invest in cryptocurrency, then you need to do it when the price falls and sell when the price rises. Of course, now the crypto market is growing and at some point we can see a correction. I watched one analyst today and he said that we are almost at the peak of the BTC price. He expects another rise in BTC within two weeks, and after that there will probably be a correction. At the same time, by the end of this year, the market will have another upward spurt. However, the main thing is to fix the profit in time. |
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It is surprising what I saw about trading, that 95% of traders are losing, this was not what I even thought before, I was considering 75% of traders, but no research paper exists that proves this number right while some suggesting that the actual figure is much, much higher.  This poll are strictly for traders, it is clear that holding bitcoin and some other strong altcoins in the past did not later result to loss, unless the people that sold out of panic, because the price of these crypto assets increased back. So, this poll are only for traders, for us to know how trading is risky. This is not about what you feel about trading, it is about what has happened to you, maybe you have lost to trading, or you are gaining from trading. https://tradeciety.com/24-statistics-why-most-traders-lose-money/Personally, I find it difficult to agree with the statement that 95% of traders lose money. The fact is that quite recently I decided to try trading on one little-known exchange. After several days of studying trading pairs and strategies, I was able to start making money trading one asset against USDT and BTC. Next, I shared my vision of trading with two more acquaintances, and they, like me, were able to make money. This example showed that if you find an opportunity to make money on trading and educate others correctly, then these traders will not lose money. Yes, this does not mean that everyone will succeed, but nevertheless this part of the work can help many to make money on trading, and not lose. This will probably be able to reduce the% of those traders who lose money on cryptocurrency trading. |
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Intense interest in cryptocurrencies and the Covid-19 pandemic have sparked debate among central banks on whether they should issue digital currencies of their own. China has been in the lead in developing its own digital currency. It’s been working on the initiative since 2014. Chinese central bank officials have already conducted massive trials in major cities including Shenzhen, Chengdu and Hangzhou. “China’s experiment is very large scale,” said J. Christopher Giancarlo, former chairman of the U.S. Commodity Futures Trading Commission. “When the world arrives in Beijing next winter for the Winter Olympics, they are going to be using the new digital renminbi to shop and to stay in hotels and to buy meals in restaurants. The world is going to see a functioning [central bank digital currency] very soon, within the coming year.” The U.S. is playing catch-up. In late February 2021, Fed Chairman Jerome Powell said the U.S. will engage with the public on the digital dollar this year. Advocates contend central bank digital currencies can make cross-border transactions easier, promote financial inclusion and provide payment system stability. There are also privacy and surveillance risks with government-issued digital currencies. And in times of economic uncertainty, people may be more likely to pull their funds from commercial banks, accelerating a bank run. The source of that article can be found here: https://www.cnbc.com/2021/03/06/why-central-banks-want-digital-currencies.htmlThis is probably the case, because cryptocurrencies have been showing excellent results for several years now and are attracting more and more money. Banks are used to owning money and for them cryptocurrencies are a new niche that they definitely need to curb. However, there are a number of problems, for example, how to get the owners of cryptocurrencies to bring their cryptocurrencies to the bank? Maybe banks want to make their own cryptocurrencies? It seems to me that these issues are very important and banks are likely to influence the crypto market trying to take possession of all crypto assets. |
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Why do people care who Satoshi Nakamoto is/was? It's like wondering the name of the person that created the wheel. Sure, I suppose I would be curious about the name of the inventor of the wheel, if nothing else to raise a beer to them from time to time, but ultimately the wheel is the important part of the story.
I believe that the community wants to know who Satoshi is in order to understand who is behind the creation of crypto. And usually this information opens the door to understanding why and for what purpose all this was created. Let me give you an example. Do you believe in crypto and then you find out that its creator was an ordinary fraudster for the illegal appropriation of other people's money, what would you do after that? You would probably reconsider your attitude towards crypto and want to sell everything and return the funds as soon as possible. On the other hand, if the creator of crypto would be a person who developed a solution to the global financial problem and thanks to him the whole world will be able to use the new money, and those who are now among the first will receive a number of advantages. Probably, this information would induce you to even more adoption of crypto and you would know 100% that you are in the right place at the right time. As the saying goes, power is in knowledge! |
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Mzg is the altcoin that i am still holding, this time there is no way to sell because the prize is really low and all i can do is to wait for the progress or update. What can you say about this project guys is it a good project or waste of time and money?
MZG is not an altcoin, but an Ethereum-based token. I have also been the holder of the MZG tokens of the Moozicore platform for several years now. You are right, at the moment the price of the MZG token is very low and if you want to get the maximum profit from the token, then you definitely need to wait for the price to go up. As far as I know from the latest news, Moozicore should have some good news for the community this summer. Also, the platform has already entered into a number of partnerships with music companies in the United States and I hope that all this will positively affect the price of MZG in the future. |
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In this March, I can't make my own satisfactory trade due to my wrong decision and research. But I got some profit from BNB and used buy back policy again and again. Today, I sold my all BNB token at around $245 but now it is still bullish in mood. The next major resistance is located at the $300 level. So I need some suggestions whether I go for buying it again or should I stop here.
In such a situation, it is difficult to give recommendations, but if you pay attention to the situation in the crypto market, you can see that we are now in a bull market and BNB is currently in the top 10 cryptocurrencies. If we look at BNB itself, we will see that the platform is evolving and is now attracting more and more new users. In the end, all of this can push the price of BNB even higher. If you are considering BNB as an investment option, then I believe that this is the right decision, since against the background of the growth of BTC, BNB can still make x2 to its current price. |
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I came across this article and definately want to share it with you: https://techbullion.com/best-5-crypto-social-trading-platforms/ It's worth reading if you would like to start crypto trading and don’t know from what and where to start. Just imagine, “you simply let someone else develop the trading strategy for you by directly copying the exact same trades they make”. In addition, you can analyze and study the crypto market and strategies you followed, and interact with the traders. I agree with the author's choice. Those platforms are interesting in their own way, and traders of different levels and with different goals can find the right platform. Coinmatics is a new and fast-growing platform that will be good for beginners since it has a user-friendly UI and intuitive tools. I think almost everyone knows about eToro, and it is the best match for advanced users (just check their multi-functional platform). Zulutrade has a huge education base in addition to forex and copy trading. The fans of cloud-based systems will like Zagnaly and Shrimpy. I am fascinated by this discovery in our crypto world. What do you think about such crypto copy trading platforms? If you ised some of them I want to hear your experince. Of course, we can agree with you that trading and learning is the right thing to do, but if we are talking about choosing platforms for this, how about the right choice? If, for example, a beginner wants to copy other people's bets and study, where is the guarantee that he will find the right place for this. I am not saying that the platforms proposed by the article are bad, but it is always difficult for beginners to take the first step, since they will basically fail. But I believe that if you want to learn how to trade, then you will have to enter different platforms, try your hand and learn on the go. I believe that everyone should go through this difficult path, since the most important thing in this is practice. |
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Indeed, uncertainty in the financial sphere is in the air, and many are now wondering on the coffee grounds, and what will happen next. And then there will be something that no one will tell us about. Why? Because it is not beneficial to those who will initiate these changes. As for BTC and cryptocurrencies in general, it also cannot be said for sure that BTC will become the new world currency. Why? It's simple, although BTC has a limited emission and uses blockchain technology, but it is not protected from manipulation, which means it will also not be able to solve a number of financial problems, all the more so, would other countries want to see BTC as a new world currency? At this time, there is no talk about this at all.
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If I receive a very small amount of BTC, like $1 worth, is that BTC essentially wasted? Because to my knowledge, to send that BTC I would need to include that transaction as an input, which incurs a transaction fee. One online calculator, I used estimated the cost of an input as $5, which would mean it is not even worth spending the $1 I received?
Seems like this may be a problem as small transactions overtime cause the number of spendable bitcoins to decrease?
Earlier, I also asked a similar question, because I did not understand well the work of blockchain and cryptocurrencies. Of course, a commission is charged for transferring BTC, and now it is quite high. However, depending on what counts as small transactions? If you mean the transfer of BTC equal to $ 1, then you will waste your money and get nothing. To avoid this, you need to study the process and nuances in the work of blockchain and cryptocurrencies. This will help you understand that to transfer a certain amount of money, you need to know exactly what the commission is. It is worth noting that in different blockchains of different cryptocurrencies there are different prices for commissions. Based on this, if you plan to work with small amounts of money, then you better use not BTC, but for example TRX or LTC, DOGE. |
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And here is the talk again about the eternal struggle against ETH. Of course, now ETH and its network are experiencing a problem related to the load on the network and prices for commissions, but this does not mean at the moment that Ethereum has come to an end or with it, someone is fighting. This is called a market and there should be competition in the market, thanks to which we have the opportunity to see many improvements in crypto. But why is all of this constantly being touted as a fight against ETH? Personally, I do not like it when they talk about the imminent death of ETH, since all these conversations ultimately boil down to one thing, ETH was, is and will continue to be.
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Bitcoin price has grown massively in the last few weeks, while Altcoins have gained little or even lost in relation to Bitcoin. In the past, after a strong Bitcoin rally, sooner or later an Altcoin rally set in. Do you expect an Altcoin rally this time too? If so, when and if no, why not?
Yes, I still look forward to the altcoins rally this year, as of the top altcoins, only ETH has been able to show great growth. It is very important for me now how the price of LTC will develop. The fact is that now large funds are buying BTC and other cryptocurrencies, as well as LTC, and it is likely that they will take that its price will rise. Now LTC is at $ 200 for 1LTC, and the previous peak of the LTC price was around $ 360 for 1LTC. As a result, I expect an LTC price in the region of $ 500 - $ 800 for 1LTC. |
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Experience in crypto currency has taught me never to be in an hurry to buy a crypto currency token or to join a crypto currency trade pair; The same applies when you are to sell a coin or close a trade pair; never be in a hurry. Sometimes before investing huge; you can buy as low as 5-20$ and use that to monitor the coin prices for the project you want to invest or trade on; Experience also helps, so continue to trade, learn lessons and become better
And also, before you sell a coin or close a trade; choose the same method; sell in batches; as it moons; the first batch would be your capital and little profit; the second batch would be more profits; never close your trades at once; and also remember, never enter a trade at once.
You are really right, there is no rush in matters such as cryptocurrency trading. I remember how I started trading cryptocurrency and was in a hurry to sell or buy, but very often later, let's say, I regretted a little that I was in a hurry. There were cases when you sell, and the price goes even higher, or you buy, and after a while you could buy cheaper. When there is little experience, then traders often take hasty and not fully thought out actions. To bypass such obstacles, you need to study the market situation more and know more about a particular crypto asset. Sometimes it is enough to study the news about the asset and then make the right decision. It's really bad to rush, but sometimes it certainly works for the good, but very very rarely. |
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